BaFin President Tells Investors to “Keep Their Hands Off” ICOs
BaFin president Felix Hufeld, who is a staunch critic of crypto financial rounds, tells private investors to “keep their hands off such things.”
Thailand SEC Issues Warning Against Unauthorized ICOs
In the wake of a recent investigation identifying a number of unauthorized Initial Coin Offerings, Thailand’s Securities and Exchange Commission has issued a warning against nine ICOs that have not been approved by the market regulator.
Software Engineers Leave Silicon Valley to Explore Blockchain Industry
A number of software engineers from some of the largest tech titans like Apple, Google, and Facebook are increasingly leaving Silicon Valley to enter the blockchain industry.
Swissquote Becomes World’s First Bank to Offer ICO Service
Swissquote has launched a service that provides customers with the opportunity to take part in ICOs by using their bank accounts to directly buy ICO tokens against Swiss francs.
Swissquote Becomes World’s First Bank to Introduce ICO Service
Online Swiss banking group Swissquote has launched an Initial Coin Offering (ICO), making it the world’s first bank to allow clients to purchase tokens issued through the Swissquote platform’s ICO.
Scam Victims Sue DJ Khaled and Floyd Mayweather for Endorsing Fraudulent ICO
Boxing champ Floyd Mayweather and DJ, record producer, and radio personality DJ Khaled are faced with a legal dilemma from victims of a crypto scam.
US SEC Launches New Division for Interacting with ICO Startups
The U.S. Securities and Exchange Commission is introducing a new division that will serve as the security regulator’s central point of interaction with FinTech startups, making it simpler for those launching initial coin offerings to navigate the legal framework governing such product offering.
SEC Halts Crypto Exchange’s ICO, Bars Founder from Offering Securities
The Securities and Exchange Commission has charged a U.S.-based cryptocurrency exchange with violating the federal securities laws for falsely claiming to have obtained the commission’s approval.
South Korea’s Financial Watchdog Refuses to Allow ICOs
South Korea’s Financial Services Commission has recently rejected an initiative to allow initial coin offerings in the country over “uncertainties” related to such crowdfunding method.
Report Shows Regulators Busy with ICOs this Year
The report shows that in 2017, member organizations composed of state-level regulators from Canada, Mexico, and the US, have conducted 4,790 investigations, which resulted in more than 1,985 years of criminal sentencing and $487 million worth of funds ordered returned to investors.
European Financial Watchdog to Issue Report on ICO Regulation Next Year
Europe’s financial watchdogs are looking into potentially regulating initial coin offerings (ICOs) as securities on a case-by-case basis.
United Arab Emirates to Legitimize ICOs as Funding Alternative
The United Arab Emirates (U.A.E.) has disclosed plans to develop new regulations that would legitimize initial coin offerings as a crowdfunding method for local startups.
SK Policy Chief Calls for ICO Legalization
South Korea’s National Policy Committee chairman is calling for the legalization of initial coin offerings (ICOs), granted that a regulatory framework has been implemented.
Former Warner Bros Creative Design Director Joins ICOBox as New CMO
Global ICO solutions provider and blockchain startup accelerator ICOBox has appointed marketing and creative design director Dave Matli as its new chief marketing officer.
SEC Calls for Court Action Against PlexCoin Founders
The SEC has requested the New York Eastern District Court on September 25 to file a motion for sanctions against founders Dominic Lacroix and Sabrina Paradis-Royer.
